Imports of Small Cars to Ho Chi Minh City Soar in 2019

Monday, April 8, 2019 11:56

According to Ho Chi Minh City Customs Department, the car import turnover through the city’s seaports in the first three months of 2019 reached US$123.7 million, an increase of 18 times compared to the same period in 2018 (nearly US$7 million).

The import turnover of cars with fewer than 9 seats reached US$46.2 million, an increase of 111 times compared to the same period in 2018 (US$0.415 million).

The import turnover of other major commodities also increased significantly, with iron and steel reaching US$464 million, up 25.4% compared to the same period in 2018, and computers soaring 15% compared to the same period in 2018.

Ho Chi Minh City’s revenue in the first three months was up 17% compared to the same period last year. Currently, budget revenue stands at VND27.2 trillion, which amounts to25% of the estimate for the year.

By Le Thu/Ngoc Loan (Source: VCN)